The CEO stands to gain $567 million if a deal is sealed to sell the WB empire while longtime lieutenant Gunnar Wiedenfels will see $144 million in cash and stock considerations if a transaction closes.

When David Zaslav became Warner Bros Discovery’s boss in 2022, Hollywood was sceptical of the insignia-vest-wearing east-coaster whose Discovery network was known for reality fare such as 90-Day Fiancé and Dr Pimple Popper .

WBD presented a chronology of events and meetings that occurred, leading to its deal to sell Warner Bros. studios and HBO Max to Netflix, following by David Ellison’s hostile takeover bid and the WBD board’s official rejection of the $30/share bid on Dec.

Paramount Skydance's David Ellison texted Warner Bros. Discovery CEO David Zaslav during the bidding war. Here's why Zaslav ignored it.

Warner Bros. Discovery went on the attack against Larry and David Ellison on Wednesday, urging shareholders to reject their hostile takeover offer and saying the Ellisons have “consistently misled” them.

Paramount presented its first bid to acquire Warner Bros Discovery earlier this year. The deal promised an all-cash purchase and a compensation package for CEO

There's a good chance that his reign in entertainment is about to come to a close when Warner Bros. Discovery sells. The only question is his legacy.